WHAT IS सेल ओएफएस?
In this article we shared information about SAIL OFS allotment status online (सेल ओएफएस) and floor price. Offer For Sale(OFS) is an efficient means for the promoters in which the promoters or non-promoters in public companies can transparently sell their shares through the bidding platform for the Exchange. Know how to check IRFC IPO allotment status online and check GAIL buyback offer price or record date 2021.
SAIL OFS Subscription Status
India’s largest steelmaker, Steel Authority of India Ltd. was subscribed 4.14 times of base size at a clearing price above the floor price by non-retail investors on the first day of its opening on Thursday. Now you can know about how to update Aadhar card online, PAN card or KYC status online.
About SAIL OFS Allotment Status
Steel Authority of India Ltd(Sail) is India’s largest steel producer with an annual capacity of about 21 million tons per annum.
The two-day SAIL OFS(Offer For Sale) which opened on 14th January 2021 i.e on Thursday has received a strong response from non-retail investors. The government’s sale of its 5 percent shareholding in steelmaker SAIL was subscribed 3.6 times on the first day of its opening.
The government is selling 20.65 crore shares or 5% of the total equity of SAIL through the offer for sale. Out of which 18.07 crore have been reserved for non-retail investors while the rest 2.58 crore is reserved for the allocation to retail investors.The Government also has an option to sell an additional 20.65 crore share of SAIL in case of over subscription.
The floor price of Rs.64 per share was set for the OFS for non-retail investors on Thursday. The bidding process for the retail investors will open on Friday. As per the stock exchange data, over 74.74 crore shares were sought by non-retail investors at the close of trading hours on Thursday.
According to the exchange data, the indicative price of bids that came in on Thursday was Rs 65.49. SAIL closed nearly 10 % down on the BSE at Rs 67.25.
SAIL OFS Allotment Status Online
Of the 20.65 crore shares on offer,18.07 crore have been allocated to the non-retail investors while the rest 2.58 crore is reserved for the allocation to retail investors.
According to the terms of OFS, a minimum of 25 % of shares is allocated to the mutual funds and insurance companies registered with the Securities And Exchange Board Of India(SEBI). You can apply online for SAIL OFS or you or contact your broker for that as well. Also you can check SAIL OFS allotment status online.
In the below we will share SAIL Share price as mentioned below:
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सेल ओएफएस के बारे में
सरकार को भारत की सबसे बड़ी स्टीलमेकर स्टील अथॉरिटी ऑफ इंडिया लिमिटेड में 10% हिस्सेदारी बिक्री से २,६६४ करोड़ रुपये जुटाने की उम्मीद है, जो शुक्रवार को पांच बार से अधिक सब्सक्राइब किया गया ।
बाजारों पर उपलब्ध अनंतिम आंकड़ों के अनुसार बोली के अंतिम दिन कुल अंक आकार का ५२२.८९ प्रतिशत शेयर मांगे गए थे ।
सेल ओएफएस सरकार के विनिवेश कार्यक्रम का हिस्सा है जिसके जरिए उसने 31 मार्च, 2021 को समाप्त होने वाले चालू वित्त वर्ष में रिकॉर्ड 21 लाख करोड़ रुपये जुटाने का लक्ष्य रखा है।
इस हफ्ते की शुरुआत में सरकार ने 20.6 करोड़ इक्विटी शेयरों को अतिरिक्त रूप से बेचने के विकल्प के साथ 10 रुपये (बेस ऑफर साइज) के फेस वैल्यू के 20.6 करोड़ शेयरों का प्रस्ताव किया था।
सरकार को 25-26 रुपये प्रति शेयर के ऊपरी मूल्य बैंड पर 1,544 करोड़ रुपये जुटाने की उम्मीद है।
Why Invest in SAIL OFS?
The investors can put their money in SAIL stock as its floor price of Rs 64 is very good.
SAIL OFS has also received tremendous response on its first day from the institutional investors and the subscription is over 4 times which is also a good sign for a PSU. There are even good chances that the SAIL stock would reach up to the potential price of around Rs 70-Rs 72.
Frequently Asked Questions
- How much SAIL OFS floor price?
Ans: Government of India fix SAIL OFS share price 64 Rs per share.
- What is SAIL Share price closing today?
Ans: Today SAIL share closing price is
- How much SAIL OFS subscribe?
Ans: SAIL OFS subscribe almost 5 times.
In the above article we shared all the information regarding SAIL OFS subscription status OR सेल ओएफएस, how to check SAIL OFS allotment status online & offline, floor price, About SAIL OFS and more. Still you have any query you can contact us via comment section. For regular updates about OFS or IPO visit upnews360 portal.